BOC beats June target, pushes first-half surplus to ₱11.5B
For June alone, the Bureau of Customs surpassed its ₱83.220-billion monthly target after collecting ₱86.073 billion, posting a 3.4% goal attainment. Manila South Harbor photo from Asian Terminals Inc.
  • The Bureau of Customs collected ₱491.748 billion from January to June 2026, exceeding its first-half target of ₱480.270 billion by 2.4% and building a surplus of ₱11.478 billion for the year to date
  • June collections alone reached ₱86.073 billion, surpassing the monthly target of ₱83.220 billion by 3.4% and rising 11.7% year-on-year from ₱77.035 billion in June 2025
  • The bureau has now collected 49.02% of its ₱1.003-trillion full-year revenue goal, with Commissioner Ariel Nepomuceno saying BOC remains on track to hit the annual target despite headwinds from oil tax relief and global trade disruptions

The Bureau of Customs (BOC) closed out the first half of 2026 in the black, with collections from January to June reaching ₱491.748 billion — 2.4% above the ₱480.270-billion target for the period, resulting in an ₱11.478-billion surplus. Year-on-year, the bureau’s revenue take grew 7.2% from the ₱458.771 billion it raised in the same period last year.

For June alone, the BOC surpassed its ₱83.220-billion monthly target after collecting ₱86.073 billion, posting a 3.4% goal attainment. Year-on-year, the June haul grew 11.7% from ₱77.035 billion in 2025.

In a statement, the agency said the positive performance was driven by the collective contributions of its 17 collection districts, supported by strengthened customs enforcement, enhanced trade facilitation, improved compliance measures, and the continued modernization of customs systems and processes.

The latest figures improve on the bureau’s first-five-month standing. In its January–May 2026 report, the BOC had collected ₱406.365 billion, generating a ₱9.315 billion surplus over its ₱397.050 billion target — a 2.3% outperformance and a 6.5% increase compared to the same period in 2025. May had been a soft month individually, as the BOC collected ₱80.664 billion that month, falling slightly short of its target by ₱1.726 billion — largely due to reduced import volumes of oil and non-oil commodities and the implementation of Executive Order No. 114, which temporarily suspended excise taxes on selected petroleum products.

June’s outperformance helped more than offset that shortfall and widen the year-to-date surplus.

Despite the revenue impact of the oil tax relief measure — estimated at ₱500 million per month for LPG and ₱10 million per month for kerosene — Commissioner Ariel Nepomuceno expressed optimism that the BOC would still hit its ₱1.003-trillion revenue target for the year. The bureau has collected 49.02% of its full-year goal so far.

The BOC is the government’s second-largest revenue-generating agency after the Bureau of Internal Revenue, and its collections help finance the ₱6.793-trillion national budget. Nepomuceno has attributed the bureau’s consistent above-target showing to tighter valuation practices, stricter declaration checks, and ongoing digital transformation under its Integrity, Accountability, and Modernization (IAM) reform program.

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